Category: Surplus Lines
Aug 1, 2012
Materials from the July 25, 2012 Florida Surplus Lines Service Office Board of Governors meeting are accessible via the hyperlinks below. To view a recap of the meeting, click here. Should you have any questions or comments, please contact …
Jul 17, 2012
How does the electronic filing process work for Non-Admitted Insurance Multi-State Agreement (“NIMA”) Surplus Lines Clearinghouse (“Clearinghouse”) users and what are the steps involved to file? A recent Webinar held by the Clearinghouse outlined the process using detailed tutorials …
Jul 5, 2012
On July 1, 2012, the implementation of a platform to simplify the allocation of surplus lines taxes went “live” on the World Wide Web with the release of the Surplus Lines Information Portal (“SLIP”) for use by the Non-Admitted Insurance …
Jun 13, 2012
The Florida Surplus Lines Service Office announced today, June 13, 2012, that the State of Hawaii submitted a notice of withdrawal from the Nonadmitted Insurance Multi-State Agreement (“NIMA”) on June 7. Florida, Louisiana, Nevada, Puerto Rico, South Dakota, Utah, …
Jun 11, 2012
The Florida Surplus Lines Service Office (“FSLSO”) announced that the Nonadmitted Insurance Multi-State Agreement (“NIMA”) states met on June 5, 2012 and came to agreement on the following major issues: Taxation of Non-U.S. Premium: The NIMA states decided that …
Jun 5, 2012
The Florida Surplus Lines Service Office (“FSLSO”) issued a Bulletin today, June 5, 2012, advising all Florida surplus lines agents and Independently Procured Coverage filers that they will no longer be required to report non-U.S. premium allocations on multi-state …
May 31, 2012
The Florida Office of Insurance Regulation (“OIR”) announced today, May 31, 2012, that those states participating in the Nonadmitted Insurance Multi-State Agreement (“NIMA”), have voted to amend the “Exposure Allocation Methodology” section of the agreement. Specifically, this section outlines …
May 24, 2012
The Florida Office of Insurance Regulation (“OIR”) announced today, May 24, 2012, that those states participating in the Nonadmitted Insurance Multi-State Agreement (NIMA) have adopted the “Kentucky Proposal” allocation method for the distribution of surplus lines premium taxes. Details …
May 22, 2012
Georgia Insurance and Safety Fire Commissioner Ralph Hudgens issued an informational bulletin yesterday, May 21, 2012, advising that all non-admitted surplus lines policies written in Georgia with an effective date on or after July 1, 2012, and for which …
May 21, 2012
The Nonadmitted Insurance Multi-State Agreement (NIMA) Surplus Lines Clearinghouse (“Clearinghouse”) issued a May 17, 2012 bulletin to multi-state surplus lines agents and brokers, as well as independently procured coverage (IPC) filers on filing multi-state surplus lines policies issued or …